Case Study: Navan streamlines employee reimbursements with Modern Treasury

Navan launches first bank integration in 2 weeks with Modern Treasury

Navan (formerly TripActions), a global travel and expense management platform, faced the challenge of manually reconciling employee travel reimbursements, a process that was difficult and time-consuming for their customers. To build a faster, more customizable payments experience with complete visibility into payment flows, they needed to work directly with banks rather than using a third-party processor. They turned to Modern Treasury and its payments product to solve this.

Modern Treasury provided a single API to programmatically initiate, track, and reconcile reimbursements across six different global payment methods. The solution enabled Navan to go live with their first bank integration in under two weeks and provide employees with real-time status tracking. The implementation eliminated manual operational overhead, allowed Navan to scale payment volumes effortlessly, and provided their operations team with real-time visibility into all payment flows.

Navan (fka TripActions)